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that means running deficits for the next eight years. only thing i've seen on his website is $500 billion in cuts in the year 2016. that's not dealing with the debt for another four years. >> if we can move faster and further, we certainly will, but governor romney wanted to propose something he thought we could do. >> he's going to close loopholes to do it. you and i are both familiar are w the studies that say that's not possible or tough to do. let's just say in order to get there, he can't cut by to 20%. he has to cut by 10. maybe 4. would he adjust that promise? >> well, he's certainly willing to talk. when you do tax reform, what you do is you establish the basic parameters, which he's done in this proposal. you get everybody together and you knock heads. if it's not what everybody wants, is he going to say absolutely no? he's not going to raise taxes, but if he can't get exactly the tax cut hemts, is he going to say no. there are some things he's going to insist on, but be open to talking as well. >> thanks so much for taking the
that means running deficits for the next eight years. only thing i've seen on his website is $500 billion in cuts in the year 2016. that's not dealing with the debt for another four years. >> if we can move faster and further, we certainly will, but governor romney wanted to propose something he thought we could do. >> he's going to close loopholes to do it. you and i are both familiar are w the studies that say that's not possible or tough to do. let's just say in order to get...
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Nov 2, 2012
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cutting the deficit by cutting wasteful spending. also protecting social security and medicare avoiding privatizing social security and the retirement age being raised and turn social security over to wall street. i promise to protect the great lakes. we want to create 500,000 new jobs right here in northern michigan. and i will also not put the cost of medicare on our seniors. those who work and earn social security. you deserve it in your retirement years. thank you so much for having me here tonight. i appreciate your vote on november 6. >> moderator: doctor benishek, closing remarks? benishek: thank you very much. thank you jennifer for doing a good job as moderator. i agree with gary you can see the difference between the two of us. he is a guy that has run for office every of the last two decades. i have been taking care of seniors and veterans in northern michigan. and i ran for congress because i'm concerned about what is what's going to happen to our children and grandchildren would be outrageous policies of the obama admini
cutting the deficit by cutting wasteful spending. also protecting social security and medicare avoiding privatizing social security and the retirement age being raised and turn social security over to wall street. i promise to protect the great lakes. we want to create 500,000 new jobs right here in northern michigan. and i will also not put the cost of medicare on our seniors. those who work and earn social security. you deserve it in your retirement years. thank you so much for having me here...
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Nov 4, 2012
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you said you'd cut the deficit in half. it's years later, we have trillion-dollar deficits. >> it was a romney turnaround recasting romney from the right to the middle during the next two debates. >> regulation is essential. you can't have a free market work if you don't have regulation. >> opening the door for the opposition to ask, who's the real romney? >> we've got to name this condition he's going through. i think -- i think it's called romneysia. >> people say you're secretive, out of touch, you play by a different set of rules. >> i know the obama campaign is going to do everything they can to try and deflect from the economic record of the president and his failure to come up with the plan to get the economy going in the future. >> no doubt romney is on message this time. he wants us to believe he can fix things like the economy and won't give up until he does. but that's the easy part of his story. the rest is harder to tell. he's a devout mormon who still worries it will be held against him. he's more pragmatist t
you said you'd cut the deficit in half. it's years later, we have trillion-dollar deficits. >> it was a romney turnaround recasting romney from the right to the middle during the next two debates. >> regulation is essential. you can't have a free market work if you don't have regulation. >> opening the door for the opposition to ask, who's the real romney? >> we've got to name this condition he's going through. i think -- i think it's called romneysia. >> people...
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Nov 4, 2012
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to stop growing government, hoping to grow jobs, and instead we've got to start cutting the federal deficit. >> democrats wanted to limit tax giveaways to the wealthiest americans. >> what we've heard from our republican colleagues is they're not willing to close one special interest tax loophole. >> the president and speaker boehner came up with an ambitious solution. they'd craft a grand bargain to raise the debt ceiling. it would also include changes to social security, medicare, tax policy, and defense spending. for both sides, it meant lots of pain. but for the nation, it could mean lots of gain. >> i think he genuinely thought that there was an opportunity do something big and meaningful to deal with our long-term debt and had what he considered productive discussions with john boehner. >> new urgency this morning. >> the clock ticks. >> we've been here before but not quite this close to default. >> was there ever a time in that meeting when he said we have a deal? >> yes, ma'am. about a week before the debt ceiling was to expire, the president asked mr. cantor and i to come in the ov
to stop growing government, hoping to grow jobs, and instead we've got to start cutting the federal deficit. >> democrats wanted to limit tax giveaways to the wealthiest americans. >> what we've heard from our republican colleagues is they're not willing to close one special interest tax loophole. >> the president and speaker boehner came up with an ambitious solution. they'd craft a grand bargain to raise the debt ceiling. it would also include changes to social security,...
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Oct 27, 2012
10/12
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four, etch' slash spending to cut the deficit and shrink the deficit. five, he'll had help small businesses that includes repealing obama care and cutting taxes. let's give romney the benefits of any doubt here and say he gets all these plans going in his first year in office. by that point if the country is on track to create 12 million jobs in four years, the labor market should be adding an average of 250,000 jobs a month. the economy just adds 114,000 positions last month by the way to give you some context. vin weber will tell us how he gets this done. he's a policy adviser to the romney campaign and former congressman. i'm bringing you the questions people are asking me out here. >> sure. >> undecided voters, they don't disagree with the goal. they don't disagree with the idea that we want a stronger economy. but i've hit governor romney hard on his jobs claim. give me specifics as to how we get big-time jobs, 12 million jobs in four years, when we have -- we'll be lucky to get 3% economic growth next year? >> ali, first of all let me put the 12 m
four, etch' slash spending to cut the deficit and shrink the deficit. five, he'll had help small businesses that includes repealing obama care and cutting taxes. let's give romney the benefits of any doubt here and say he gets all these plans going in his first year in office. by that point if the country is on track to create 12 million jobs in four years, the labor market should be adding an average of 250,000 jobs a month. the economy just adds 114,000 positions last month by the way to give...
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Nov 3, 2012
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is it the jobs or is it the deficit? >> both. you know, if we're not bringing it in, we shouldn't spend it. and if it's, you know, tough on us to make it better for our kids, i'm willing to sacrifice now to make it better for our kids. >> so interesting. and also people talk about the quality of the jobs, too, right? so even though the unemployment rate is 5.2%, they're worried about how much debt we have, the deficit. they're also worried that the quality of the jobs that are available aren't maybe what they used to be. >> they are. and they said, look, poppy, it's not just about that 5.2%, it's about the jobs that we're getting that are being created. they're lower paying jobs, the hours are less. and that's a very big deal here, christine. >> all right, poppy harlow in iowa. thanks, poppy. >>> hurricane sandy destroyed homes, cars, and lives, as people pick up the pieces, who picks up the bill? i'll have the answer right after this. jenna shared her recipe with sharon, who emailed it to emily, who sent it to cindy, who wondere
is it the jobs or is it the deficit? >> both. you know, if we're not bringing it in, we shouldn't spend it. and if it's, you know, tough on us to make it better for our kids, i'm willing to sacrifice now to make it better for our kids. >> so interesting. and also people talk about the quality of the jobs, too, right? so even though the unemployment rate is 5.2%, they're worried about how much debt we have, the deficit. they're also worried that the quality of the jobs that are...
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Nov 2, 2012
11/12
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ends up shooting the deficit up. so we though what the right choice is, but face it, governor romney is a talented salesman. in this campaign, he is trying as hard as he can to repackage these same policies and offer them up as change. we know what change looks like. and what the governor is offering ain't it. giving more power back the biggest banks is not change. another $5 trillion tax cut that favors the wealthy is not change. refusing to answer questions about the details of your policies until after the election, that is not change. we have seen that before. all right. we have seen that before. ruling out compromise by pledging to rubber stamp the tea party's agenda in congress is not change. and by the way, when you try to change the facts, just because they are inconvenient to the campaign is definitely not change. trying to massage the facts, you know, that is not change. that's just -- we, look, we have been seeing this out of governor romney and the friends over the past few weeks, right here in o ohio. yo
ends up shooting the deficit up. so we though what the right choice is, but face it, governor romney is a talented salesman. in this campaign, he is trying as hard as he can to repackage these same policies and offer them up as change. we know what change looks like. and what the governor is offering ain't it. giving more power back the biggest banks is not change. another $5 trillion tax cut that favors the wealthy is not change. refusing to answer questions about the details of your policies...
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Nov 4, 2012
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the deficits doubled. it's the most partisan atmosphere, it's the most divisive climate in washington i've ever seen and the jobs are nowhere near they can be. this might be the best job president obama can do, but it's not the best we can do. and i have to tell you, when the president said the other day that people should vote out of revenge, this is not who we are. mitt romney and i are asking you to vote out of love of country, because that's how we get this country back on the right track. that's the big vision. look, if borrowing and taxing and spending and regulating and money printing works, we would have known by now. the obama economic agenda failed not because it was stopped, it failed because it was passed. let's remember he came in with his party in total control and thus came the war on coal, thus came the war on our energy jobs, then came the big new tax increase coming in january and all these new regulations and all this borrowing. when we look our children in the eyes, you saw ours, they'r
the deficits doubled. it's the most partisan atmosphere, it's the most divisive climate in washington i've ever seen and the jobs are nowhere near they can be. this might be the best job president obama can do, but it's not the best we can do. and i have to tell you, when the president said the other day that people should vote out of revenge, this is not who we are. mitt romney and i are asking you to vote out of love of country, because that's how we get this country back on the right track....
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Oct 27, 2012
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the second thing is, if you look at when the president took office, christine, the trade deficit with china has grown every single year and is now going to breach $300 billion. over the course of his term we've added over $1 trillion in debt to china. the bottom line here is that china's currency won't be properly valued until we don't have a trade deficit with china. >> we're out of time, but we'll talk about it soon. great having you on again. >> thank you so much. >>> want to know how you can make $70,000 a year with an associate's degree? one of the best jobs out there. they need you. and it can't be outsourced. i'll tell you about that job right after the break. ♪ ♪ [ male announcer ] you've been years in the making. and there are many years ahead. join the millions of members who've chosen an aarp medicare supplement insurance plan insured by unitedhealthcare insurance company. go long. for a golf getaway. double miles you can actually use... but mr. single miles can't join his friends because he's getting hit with blackouts. shame on you. now he's stuck in a miniature night
the second thing is, if you look at when the president took office, christine, the trade deficit with china has grown every single year and is now going to breach $300 billion. over the course of his term we've added over $1 trillion in debt to china. the bottom line here is that china's currency won't be properly valued until we don't have a trade deficit with china. >> we're out of time, but we'll talk about it soon. great having you on again. >> thank you so much. >>>...
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we have record debts and deficits that have to be dealt with. the economy is weak. it needs to be strengthened by pro-growth policies. everybody acknowledges that. i'm hopeful that those are just political comments made in the heat of the campaign and that once this election is over, i believe mitt romney is going to win ohio and, therefore, i think is likely to be our next president. >> it's dangerous for me -- it's dangerous for me to ask a senator for a one-word answer, but if i could, is there a way for governor romney to win this election without winning ohio? >> probably, but i wouldn't want to risk it. no republican ever has, and i think we're going to win ohio. i really do. >> all right. senator rob portman, thank you so much for joining us this morning. happy trails. >> thank you, candy. also to you. >>> when we return president obama's closing message. trust the one you're with. >> you want to know that your president means what he says and says what he means. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or th
we have record debts and deficits that have to be dealt with. the economy is weak. it needs to be strengthened by pro-growth policies. everybody acknowledges that. i'm hopeful that those are just political comments made in the heat of the campaign and that once this election is over, i believe mitt romney is going to win ohio and, therefore, i think is likely to be our next president. >> it's dangerous for me -- it's dangerous for me to ask a senator for a one-word answer, but if i could,...
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Nov 4, 2012
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the deal. >> it seemed the president had bridged the partisan divide and could count reining in the deficit as part of his legacy. but then in the final moments, the so-called grand bargain collapsed. >> i have offered ideas -- >> and finger-pointing began. >> not one time, not one time, did the administration ever put any plan on the table. >> it is hard to understand why speaker boehner would walk away from this kind of deal. >> for speaker boehner, the problem was a last request to alter the deal. >> i said, mr. president, you know i can't do this. we've been talking about this for months. i'm already as far out on a limb as i can get. you know this. why are you doing this? it's unfortunate. he basically blew up the deal. >> not true, says the white house. >> i think personally speaker boehner probably wanted to do something. he just couldn't control his caucus. >> but the speaker says his people were never the problem. >> i got into some tough negotiations with ted kennedy. he didn't flinch. he didn't back away from the deal. he went straight forward. that's courage. >> speaker boehner,
the deal. >> it seemed the president had bridged the partisan divide and could count reining in the deficit as part of his legacy. but then in the final moments, the so-called grand bargain collapsed. >> i have offered ideas -- >> and finger-pointing began. >> not one time, not one time, did the administration ever put any plan on the table. >> it is hard to understand why speaker boehner would walk away from this kind of deal. >> for speaker boehner, the...
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Nov 2, 2012
11/12
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he said he was going to cut the federal deficit in half, and then he doubled it. he said he was going to lower the unemployment rate down to 5.2% right now. today we learned that it's actually 7.9%, and that's nine million jobs short of what he promised. >> mr. romney's campaign is snapping at the heels of the incumbent president. his campaign organizers say they can and will win, but they can win only if they take the vital swing states of florida, virginia and ohio. anything less than the prospects receive for them. >> this race is very, very close. it may confound pollsters and pundits alike. it's not clear how or if hurricane sandy will affect the results, but i think we can venture this far -- president obama appears to be holding on to a very narrow lead. adam brooks, bbc news, washington. >> bold predictions in a tight race. as adam just reported, no state is more hotly contested than ohio. laura is in cleveland for us tonight at a cleveland market for us tonight, laura. i imagine you've been chatting to shoppers today. what have they been telling you about
he said he was going to cut the federal deficit in half, and then he doubled it. he said he was going to lower the unemployment rate down to 5.2% right now. today we learned that it's actually 7.9%, and that's nine million jobs short of what he promised. >> mr. romney's campaign is snapping at the heels of the incumbent president. his campaign organizers say they can and will win, but they can win only if they take the vital swing states of florida, virginia and ohio. anything less than...
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Nov 1, 2012
11/12
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the result of this top-down economics was falling income, record deficit, the slowest job growth in half a century and an economic crisis that we've been cleaning up for the last four years. now, in the closing weeks of this campaign governor romney has been using all his talents as a salesman to dress up these very same policies that failed our country so badly, the very same policies we've been cleaning up after for the past four years, and he is offering them up as change. he is saying he is the candidate of change. well, let me tell you, wisconsin, we know what change looks like. what the governor is offering sure ain't change. getting more power back to the biggest banks isn't change. leaving millions without health insurance isn't change. mother $5 trillion tax cut that favors the wealthy isn't change. turning medicare into a voucher is change, but we don't want that change. refusing to answer questions about the details of your policies isn't change. ruling out compromise by pledging to rubber stamp the tea party's agenda as president, that's definitely not change. in fact, that's
the result of this top-down economics was falling income, record deficit, the slowest job growth in half a century and an economic crisis that we've been cleaning up for the last four years. now, in the closing weeks of this campaign governor romney has been using all his talents as a salesman to dress up these very same policies that failed our country so badly, the very same policies we've been cleaning up after for the past four years, and he is offering them up as change. he is saying he is...
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Oct 31, 2012
10/12
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this president has run trillion dollar deficits. he has increased our debt more than any other president combined in our nation's history. these pocketbook voters are looking at the voters in seeing a record of failure. what we see is there will be a significant turnout on election day of independent voters. we have been working diligently to win them over with a strong fiscal message. we a record of balancing budgets and creating jobs and keeping spending under control. host: we just heard from kathy sullivan who noted military issues are a big one in new hampshire. she made the comment that mitt romney wants to add trillions to the pentagon spending. this echoes what you just said that said competing aspects of the political culture could tip the balance in either direction. when is the state's aversion to taxes and affection for small government. guest: it is a fair point, and while i will often correct the record of what she says, this is a critical part of the state. new hampshire has one of the highest percentage of veterans a
this president has run trillion dollar deficits. he has increased our debt more than any other president combined in our nation's history. these pocketbook voters are looking at the voters in seeing a record of failure. what we see is there will be a significant turnout on election day of independent voters. we have been working diligently to win them over with a strong fiscal message. we a record of balancing budgets and creating jobs and keeping spending under control. host: we just heard...
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Nov 2, 2012
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would you want a full you are more years with trillion dollar deficits every year? >> both campaigns are playing the confidence game. both sounded upbeat about their candidate's chances and who can blame them when the polls are so close. behind the scenes, they must be very nervous. bbc news, washington. " there's good news for burma. the world bank has proposed development grants of $80 million and will provide another $160 million of credit once the country has cleared its existing debt. it's helping with the asian development bank and international monetary fund. this is after a year of political reform. we are joined by our bbc editor for the burmese service. >> the money is going to be used primarily to provide financial governance to the government and, also, to create conditions for growth and jobs. that's where the money is going to be spent. this is a tremendous boost to the burmese government, because in the last 20 decades there were western sanctions and it had not received any assistance financially from institutions such as the world bank and the asian
would you want a full you are more years with trillion dollar deficits every year? >> both campaigns are playing the confidence game. both sounded upbeat about their candidate's chances and who can blame them when the polls are so close. behind the scenes, they must be very nervous. bbc news, washington. " there's good news for burma. the world bank has proposed development grants of $80 million and will provide another $160 million of credit once the country has cleared its existing...
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Nov 4, 2012
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came into office, he asked the wealthiest americans to pay a little bit more so we could reduce our deficit and still invest in the skills and ideas of our people. and you know what? at the time, the republicans in congress and a senate candidate by the name of mitt romney, i don't want you to boo, i want you to vote. i want you to vote. but a republican candidate by the name of mitt romney said, bill clinton's plans would hurt the economy and kill jobs. turns out his math was just as bad then as it is now. because by the end of president clinton's second term, america created 23 million new jobs and incomes were up and poverty was down and our deficit had turned into a surplus. so florida, we know that our ideas work. we also know that their ideas don't. because we tried their ideas too. we trieded giving big tax cuts to the wealthiest americans. we tried giving insurance companies and oil companies and wall street free reign to do whatever they wanted and what did we get? falling interest rates and the slowest growth in half a century and a financial crisis that we have been cleaning up a
came into office, he asked the wealthiest americans to pay a little bit more so we could reduce our deficit and still invest in the skills and ideas of our people. and you know what? at the time, the republicans in congress and a senate candidate by the name of mitt romney, i don't want you to boo, i want you to vote. i want you to vote. but a republican candidate by the name of mitt romney said, bill clinton's plans would hurt the economy and kill jobs. turns out his math was just as bad then...
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Oct 27, 2012
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you said you'd cut the deficit in half. it's four years later, we still have trillion-dollar deficits. >> i was so thrilled at the debate, for people to see my husband unfiltered through -- without any negative ads. >> throughout the debates, romney the pragmatist was on stage, not romney the conservative of the republican primaries, confusing to some but not to ann, who finally saw the side of romney she had been pushing to reveal all along. >> as you know, gloria, i said last time i would never do this again. i mean, it's really hard for a family member, a person that loves this person that you see going through these difficulties and just know how tough it is on that person that you love, and so for me it comes out of a compassion for mitt and a compassion and passion for how important this election is. i want people to think, if they vote for mitt, they're going to get this country moving again. ♪ ♪ ♪ [ male announcer ] you've been years in the making. and there are many years ahead. join the millions of members w
you said you'd cut the deficit in half. it's four years later, we still have trillion-dollar deficits. >> i was so thrilled at the debate, for people to see my husband unfiltered through -- without any negative ads. >> throughout the debates, romney the pragmatist was on stage, not romney the conservative of the republican primaries, confusing to some but not to ann, who finally saw the side of romney she had been pushing to reveal all along. >> as you know, gloria, i said...
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Oct 29, 2012
10/12
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obama wilted. >> you've been president four years, said you cut the deficit in half. we still have trillion dollar deficits. >> it was classic romney turn around followed eed by a recas of romney from the right to the middle. >> you can't have a free market work if you don't have regulation. >> opening the door for the opposition to ask who is the real romney. >> we got to name this condition that he's going through. i think it's called romnesia. >> people say you're secretive, out of touch, you play by a different set of rules. >> i know the obama campaign is going to do everything they can to try and deflect from the economic record of the president and his failure to come up with plan to get the economy going in the future. >> no doubt he's on message this time. he wants us together he can fix things like the economy. that's the easy part of his story. the rest is harder to tell. he's a devout mormon who still worries it will be held against him. he's more pragmatist than ideologue, more private than public. and, in the end, more cautious than candid. perhaps the u
obama wilted. >> you've been president four years, said you cut the deficit in half. we still have trillion dollar deficits. >> it was classic romney turn around followed eed by a recas of romney from the right to the middle. >> you can't have a free market work if you don't have regulation. >> opening the door for the opposition to ask who is the real romney. >> we got to name this condition that he's going through. i think it's called romnesia. >> people...
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he said he would lower the deficit, but then he doubled it. he said he would lower the unemployment rate and today, we learned it is 7.1%, and that is 9 million jobs short of what he promised. unemployment is higher today than when barack obama took office. think of that, today's unemployment is higher today than the day barack obama took office. he promised to save social security and medicare from insolvency, and he didn't. rather he raided $716 billion from medicare to pay for the obama devoted obama care. he said he would lower health care insurance premiums for the average family by $2,500 a year by each other, and now they are $3,000 higher for a average family. and gasoline, the american family now pays $2,000 a year more for gasoline than when he was elected. of course, he also said he would work across the aisle on the most important issues. listen to, this he has not met on the economy or the budget or on jobs with either of the republican leader of the house or the senate since july. instead of bridging the divide, he's made it wide
he said he would lower the deficit, but then he doubled it. he said he would lower the unemployment rate and today, we learned it is 7.1%, and that is 9 million jobs short of what he promised. unemployment is higher today than when barack obama took office. think of that, today's unemployment is higher today than the day barack obama took office. he promised to save social security and medicare from insolvency, and he didn't. rather he raided $716 billion from medicare to pay for the obama...
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i think the deficit would go up a lot for a while. we would get growth. but i'm not sure it would be anything like we saw under reagan. there is so much debt out there. there is so many headwinds. there's europe, the a administration would do less on cutting taxes if at all and probably raise spending. that's really where the difference is between the two. one of them wants a smaller government. one of them sees the government doing more things. that's a big difference. >> you know more than i do. quick answer, do you think either of them will get the 12 million jobs in four years that they're promising? >> it would be a very good outcome. i think it's a long shot, frankly. >> your answer is smarter than mine. i said i'd wear a dress for a week if it happened. you're in less danger. thanks very much for being with us. >>> let's get back to ohio. let's get back to the auto bailout. president obama bailed out the auto industry. mitt romney says the bailed out auto companies are using that money to ship jobs to china. we'll get to the bottom of what really h
i think the deficit would go up a lot for a while. we would get growth. but i'm not sure it would be anything like we saw under reagan. there is so much debt out there. there is so many headwinds. there's europe, the a administration would do less on cutting taxes if at all and probably raise spending. that's really where the difference is between the two. one of them wants a smaller government. one of them sees the government doing more things. that's a big difference. >> you know more...
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Nov 3, 2012
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fallen incomes, record deficits, and an economic crisis we're still cleaning up after. so we know what works. we know what doesn't. now, governor romney, he's a very talented salesman. and, in this campaign, he's been working overtime to try to repackage the old, bad ideas that didn't work and try to sell them to you as new ideas. he's trying to say that they're changed. but here's the things. iowa, we know what change looks like. [ cheers and applause ] >> and what he's selling is not change. giving more power to the biggest banks? that's not change. another $5 trillion tax cut that favors the wealthy? not change. refusing to answer questions about the details of your policy until after the election? that's definitely not changing. politicians do that all of the time. ruling out compromise, pledging the rubber stamp, the tea party agenda in congress? that's not change. that's what we need to change. that's why i'm running for a second term. changing the facts when they're inconvenient to your campaign, that is definitely not change. so what he's selling, we tried it. i
fallen incomes, record deficits, and an economic crisis we're still cleaning up after. so we know what works. we know what doesn't. now, governor romney, he's a very talented salesman. and, in this campaign, he's been working overtime to try to repackage the old, bad ideas that didn't work and try to sell them to you as new ideas. he's trying to say that they're changed. but here's the things. iowa, we know what change looks like. [ cheers and applause ] >> and what he's selling is not...
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what does the deficit mean long-term, not just why don't i have a better paying job right now. so look, this is a place where people are very financially conservative. it is the midwest. and they're sick of seeing our government spend the way it has been. >> all right, poppy harlow in des moines, thank you very much. >> reporter: the fight for this key battleground state is heating up. we'll show you how they're helping to win over voters. folks who save hundreds of dollars switching to geico sure are happy. i'd say happier than a slinky on an escalator. get happy. get geico. melons!!! oh yeah!! well that was uncalled for. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy.
what does the deficit mean long-term, not just why don't i have a better paying job right now. so look, this is a place where people are very financially conservative. it is the midwest. and they're sick of seeing our government spend the way it has been. >> all right, poppy harlow in des moines, thank you very much. >> reporter: the fight for this key battleground state is heating up. we'll show you how they're helping to win over voters. folks who save hundreds of dollars...
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do we have a long-term plan to get these deficits under control? people just know what the rules are, what the game plan, they can follow it and react to it. there's a huge amount of uncertainty. >> i'm going to ask you to join us. do you think that uncertainty, as sheila is saying, is playing a huge role in all of this? i might interrupt you when these numbers come out. carry on. i'll jump in when the numbers come in from christine. >> the uncertainty is huge. you see it from business investment which is very weak. you're sitting there. there's about to be an election, which could mark a huge shift in policy. you don't know which way it's going to go. you're going to wait until you do a big investment, big hiring. as she wiila said, all these uncertainties about how health care is going to be resolved, fiscal cliff, a lot of uncertainties holding back the economy at the moment. hopefully some of it will get resolved soon. >> i'm going to read a quote, grover, from you to everybody. you said this we have to dramatically reduce the cost of defense,
do we have a long-term plan to get these deficits under control? people just know what the rules are, what the game plan, they can follow it and react to it. there's a huge amount of uncertainty. >> i'm going to ask you to join us. do you think that uncertainty, as sheila is saying, is playing a huge role in all of this? i might interrupt you when these numbers come out. carry on. i'll jump in when the numbers come in from christine. >> the uncertainty is huge. you see it from...
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the deal. >> it seemed the president had bridged the partisan divide and could count reining in the deficit as part of his legacy. but then in the final moments, the so-called grand bargain collapsed. >> i have offered ideas -- >> and finger-pointing began. >> not one time, not one time, did the administration ever put any plan on the table. >> it is hard to understand why speaker boehner would walk away from this kind of deal. >> for speaker boehner, the problem was a last request to alter the deal. >> i said, mr. president, you know i can't do this. we've been talking about this for months. i'm already as far out on a limb as i can get. you know this. why are you doing this? it's unfortunate. he basically blew up the deal. >> not true, says the white house. >> i think personally speaker boehner probably wanted to do something. he just couldn't control his caucus. >> but the speaker says his people were never the problem. >> i got into some tough negotiations with ted kennedy. he didn't flinch. he didn't back away from the deal. he went straight forward. that's courage. >> speaker boehner,
the deal. >> it seemed the president had bridged the partisan divide and could count reining in the deficit as part of his legacy. but then in the final moments, the so-called grand bargain collapsed. >> i have offered ideas -- >> and finger-pointing began. >> not one time, not one time, did the administration ever put any plan on the table. >> it is hard to understand why speaker boehner would walk away from this kind of deal. >> for speaker boehner, the...
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he said he would cut the deficit in half. he's doubled it. he said he would focus on jobs, instead he focused on obama care that kills job and said he'd bring health insurance down $2,500 a year, the cost of it for an average family. anybody here have their insurance go down 2,500? >> no. >> as a matter of fact, the average is up $3,000 per family. look, the president said that he would work across the aisle, he would meet regularly with leaders in the republican party. do you know how long it's been since he's met with the republican leader of the house or the senate on jobs or the economy or the deficit, since july he hasn't met with him. look, he just has not been able to deliver on the promises he's made. talk is cheap. a record is real and takes hard work, and he has not been able to accomplish it, and i actually have a record of accomplishment and that's why i'm running. as you know, i started a business. i actually helped turn around another business and helped turn around the olympics and you may have heard i was governor next door in
he said he would cut the deficit in half. he's doubled it. he said he would focus on jobs, instead he focused on obama care that kills job and said he'd bring health insurance down $2,500 a year, the cost of it for an average family. anybody here have their insurance go down 2,500? >> no. >> as a matter of fact, the average is up $3,000 per family. look, the president said that he would work across the aisle, he would meet regularly with leaders in the republican party. do you know...
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how does mitt romney make up for his deficit there? >> well, here, the victory program that the republican national committee is operating in conjunction with the various state parties has been very effective here in new hampshire. we organize north, east, south and west. we have hundreds of volunteers and a great victory staff and we have the inneenthusiasm and the drive. we're matching president obama. >> the other big story we're following is sandy, another tropical storm, but could really put a wrench in the plan for the campaigns. how is the state party working to compensate for that? >> well, because this is just a recent development, we are working with the, you know, we are working on various contingencies and those are in process even as i speak. the good news is sandy is hitting during this week. many of these problems resolved by election time and we're monitoring power outages and challenges that develop. those plans are in process right now. >> wayne mcdonald, good to have you. >> thank you. >>> coming up next, we'll get t
how does mitt romney make up for his deficit there? >> well, here, the victory program that the republican national committee is operating in conjunction with the various state parties has been very effective here in new hampshire. we organize north, east, south and west. we have hundreds of volunteers and a great victory staff and we have the inneenthusiasm and the drive. we're matching president obama. >> the other big story we're following is sandy, another tropical storm, but...
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new york state could have eliminated its deficit and then some if they simply stopped rebating it when it came pouring in every day from this transactions so there's a little diddy here. first tax what we burn before we tax what we earn. first tax what we bet, speculation, gambling, before we tax what we net. did you hear that in the presidential debate? [laughter] second principle of transforming the tax system is equity. why do we have 25 major corporations who last year paid zero federal income tax on billions and billions of properties u.s. based? verizon, general electric. i just met a fellow from general electric at union station. i said, what did you do? i was in the cfo's office. i said, you got quite a tax avoidance, could have been evasion, too, club there. he said, they're some of the smartest people in the company. we actually give them prizes when they end up saving us from our tax responsibilities. we give them prizes. they have quotas, and year after year, general electric has e caped more than any other company from making big money, escaping from federal income tax, an
new york state could have eliminated its deficit and then some if they simply stopped rebating it when it came pouring in every day from this transactions so there's a little diddy here. first tax what we burn before we tax what we earn. first tax what we bet, speculation, gambling, before we tax what we net. did you hear that in the presidential debate? [laughter] second principle of transforming the tax system is equity. why do we have 25 major corporations who last year paid zero federal...
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when i was mayor of new york city, i had a city that had a deficit of about $3 billion. we had 10.5% unemployment. we had 1.1 million people on welfare. we were coming to a -- what was described, one of the reasons i got elected. i got elected because the economy was horrible, had 2,000 murders in the two years before i ran for mayor so i got elected at the first republican in 25 years, first one to remain a republican in 50. [laughter] i got legislated with a very, very simple and direct campaign slogan. you can't do any worse. [laughter] tell me how i could make things worse? 3,000 murders? could unemployment go do 15%. maybe instead of 500,000 people moving out, 600,000 move out. give me a shot and let's see what can happen. my predecessor had done what a lot of people who should never be executives do. he appointed a commission to tell them how to straighten out of economy, but the commission was going to report after the election. the commission did report after the election. a month after while i was getting ready to get sworn in, and they presented 34 #e with thei
when i was mayor of new york city, i had a city that had a deficit of about $3 billion. we had 10.5% unemployment. we had 1.1 million people on welfare. we were coming to a -- what was described, one of the reasons i got elected. i got elected because the economy was horrible, had 2,000 murders in the two years before i ran for mayor so i got elected at the first republican in 25 years, first one to remain a republican in 50. [laughter] i got legislated with a very, very simple and direct...
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what the governor is talking about, of course, is debt and deficits. and the very high level of u.s. debt, which at some point is going to have to be addressed. whoever gets elected to the white house, whichever party takes the house and the senate, they are going to have to deal with the debt crisis. >> now, also got a chance to ask richard about his stateside train trip through the u.s. talked to voters from chicago through iowa and utah and california. >> this was brilliant. i tell you why i really liked it because i got to see, i got to see americans, whether it was in the civil war reenactment in iowa or at byu in utah or in colorado and i got to hear what their concerns truly are in this election season. it gives you a better perspective than the metropolitan elittism of the coasts. >> check out "quest means business" or watch cnn international noon eastern. can you imagine sitting next to richard quest on a train. >> a small space for a big personality. >> big personality for one seat. >>> something really serious here, a teenager dies after dri
what the governor is talking about, of course, is debt and deficits. and the very high level of u.s. debt, which at some point is going to have to be addressed. whoever gets elected to the white house, whichever party takes the house and the senate, they are going to have to deal with the debt crisis. >> now, also got a chance to ask richard about his stateside train trip through the u.s. talked to voters from chicago through iowa and utah and california. >> this was brilliant. i...
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he also said he would cut the deficit in half. he doubled it. he was going to get unemployment down to 5.2% right now. we just learned on friday it's up to 7.9%. >> earlier in the day, the candidate's wife, ann romney, visited the back of the campaign plane and handed out breakfast food to the reporters covering the race for the last year and a half. asked how she's feeling about the race, she said she's been touched by the people she's run across in the final weeks of the campaign. people have come up to her and told her about their struggles in this economy right now. as for this campaign, the way this is going to wrap up this weekend is that mitt romney is going to be heading off to ohio on sunday, and also pennsylvania, a battleground state, they believe they're now putting into play, and by the looks of it, it's getting more and more competitive as we head towards election day. jim acosta, cnn, dubuque, iowa. >> thanks so much, jim. not just the white house. democrats and republicans are waging a fierce fight for control of the u.s. house.
he also said he would cut the deficit in half. he doubled it. he was going to get unemployment down to 5.2% right now. we just learned on friday it's up to 7.9%. >> earlier in the day, the candidate's wife, ann romney, visited the back of the campaign plane and handed out breakfast food to the reporters covering the race for the last year and a half. asked how she's feeling about the race, she said she's been touched by the people she's run across in the final weeks of the campaign....
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obama wilted. >> you've been president you said you'd cut the deficit in half. it's years later, we have trillion-dollar deficits. >> it was a romney turnaround recasting romney from the right to the middle during the next two debates. >> regulation is essential. you can't have a free market work if you don't have regulation. >> opening the door for the opposition to ask, who's the real romney? >> we've got to name this condition he's going through. i think -- i think it's called romnesia. >> people say you're secretive, out of touch, you play by a different set of rules. >> i know the obama campaign is going to do everything they can to try and deflect from the economic record of the president and his failure to come up with the plan to get the economy going in the future. >> no doubt romney is on message this time. he wants us to believe he can fix things like the economy and won't give up until he does. but that's the easy part of his story. the rest is harder to tell. he's a devout mormon who still worries it will be held against him. he's more pragmatist th
obama wilted. >> you've been president you said you'd cut the deficit in half. it's years later, we have trillion-dollar deficits. >> it was a romney turnaround recasting romney from the right to the middle during the next two debates. >> regulation is essential. you can't have a free market work if you don't have regulation. >> opening the door for the opposition to ask, who's the real romney? >> we've got to name this condition he's going through. i think -- i...
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instead we have to start cutting the federal deficit. >> democrats wanted to limit tax giveaways to the wealthiest american. >> what we've heard from our republican colleagues is they're not willing to close one special interest tax loophole. >> the president and speaker boehner came up with an ambitious absolutely. they crafted a grand bargain to the debt ceiling and changes to social security, medicare, tax policy and defense spending. for both sides it meant lots of pain but for the nation it could mean lots of gain. >> i think he genuinely thought there was something meaningful to deal with our long-term debt and had what he considered productive discussions with john boehner. >> new urgency this morning -- >> the clock ticks -- >> we've been here before but not quite this close to default. >> was thereer a time in that meeting when he said, we have a deal? >> yes, ma'am. about a week before the debt ceiling was to expire. the president asked mr. cantor and i to come into the oval office where we would basically seal the deal. >> it seemed the president had bridged the partisan divi
instead we have to start cutting the federal deficit. >> democrats wanted to limit tax giveaways to the wealthiest american. >> what we've heard from our republican colleagues is they're not willing to close one special interest tax loophole. >> the president and speaker boehner came up with an ambitious absolutely. they crafted a grand bargain to the debt ceiling and changes to social security, medicare, tax policy and defense spending. for both sides it meant lots of pain...
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or would we fall off the cliff of deficit as you described? >> i think the answer is if we had a tax simplification where that was taken off the table is the best idea, it's outrageous that a lot of things get disguised as capital gains that are really income creating the biggest inequality -- >> you say raise capital gains, for example, hedge funds? >> if we didn't change anything else, absolutely. that is criminal. >> one point of agreement. joe klein, ken rogoff, amity shlaes, chrystia freeland, thanks for joining us. >>> up next, "what in the world." why a little-known nation, mali, is more important than europe, mexico, and india combined. at least according to this week's presidential debate. i'll explain. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. [ male announcer ] it's t
or would we fall off the cliff of deficit as you described? >> i think the answer is if we had a tax simplification where that was taken off the table is the best idea, it's outrageous that a lot of things get disguised as capital gains that are really income creating the biggest inequality -- >> you say raise capital gains, for example, hedge funds? >> if we didn't change anything else, absolutely. that is criminal. >> one point of agreement. joe klein, ken rogoff,...
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first of all, all these students economy issue number one, but the deficit and the debt. you hearted that. they do feel that it's a form of generational theft, but they have some real questions. this is a center right campus, and there were some obama supporters, but overall i think the edge was to romney, about the there's real questions both about the authenticity of his recentering in the general election after campaigning as a severe conservative. you heard that. also, real questions about the role that social issues and the religious right play in the republican party. some of them were very fiscally conservative is saying this doesn't fit me or my generation. it's a fascinating wide-ranging issue of students very engaged in that pivotal battleground state of virginia. >> where have you been? you've been in florida, north carolina. you're in virginia with ali velshi, and is that sort of the theme in talking to some of these voters, john, that, you know, really it's the economy that is clearly the biggest concern, the biggest issue as they're heading to the polls? >>
first of all, all these students economy issue number one, but the deficit and the debt. you hearted that. they do feel that it's a form of generational theft, but they have some real questions. this is a center right campus, and there were some obama supporters, but overall i think the edge was to romney, about the there's real questions both about the authenticity of his recentering in the general election after campaigning as a severe conservative. you heard that. also, real questions about...
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the true virtue of the simpson-bowles deficit reduction plan is that it illustrates that the united states's debt problem can be readily resolved as lop as both parties compromise. the truth is most of america's problems could be solved using some version of the simps simpson-bowles approach. imagine a bipartisan and independent panel that proposed comprehensive immigration reform or social security reform or tax reform. perhaps we need an inpen department agenciered by koj to generate such plans when asked. the american system is simply not working. the parties have become too polarized. institutions and traditions have been abused to create permanent gridlock and it's attempting to pretend this has always been part of the country's raucous democracy and both parties are to blame, but that's just not true. consider these facts. other the past five years, republicans in the senate have threatened or used a filibuster 385 times. that is almost double the rate of the preceding five years and much more than the historic average. now, would obama or romney be better at breaking this deadlock? ea
the true virtue of the simpson-bowles deficit reduction plan is that it illustrates that the united states's debt problem can be readily resolved as lop as both parties compromise. the truth is most of america's problems could be solved using some version of the simps simpson-bowles approach. imagine a bipartisan and independent panel that proposed comprehensive immigration reform or social security reform or tax reform. perhaps we need an inpen department agenciered by koj to generate such...
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i have a plan that will actually create jobs, that will actually lower our deficit. and will actually provide the middle class with a greater sense of security. and the good news is my plan, the math adds up. if you want to check it out, you can go to barackobama.com/plans. and i want you to share it with your friends and your neighbors and your coworkers. there are still people out there who are trying to make up their minds. some of you who are here may be trying to make up your mind. maybe your girlfriend dragged you out here. oh, no. maybe grandma said you have to go to the obama rally. and you're still trying to figure it out. so i'm asking you to compare my plan with governor romney's. i want you to know what we're proposing, each of us, and see which plan is better for you. and what is better for the future of america. so number one, i want to end tax breaks for companies that are shipping jobs overseas. i want to reward small businesses and manufacturers who are putting down roots here, hiring american workers, creating american products stamped with three pr
i have a plan that will actually create jobs, that will actually lower our deficit. and will actually provide the middle class with a greater sense of security. and the good news is my plan, the math adds up. if you want to check it out, you can go to barackobama.com/plans. and i want you to share it with your friends and your neighbors and your coworkers. there are still people out there who are trying to make up their minds. some of you who are here may be trying to make up your mind. maybe...
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. >> we hear a lot of swing voters talking about the deficit and the debt. concerned about the economy, the jobs. but that's not abstract. they understand that on a fundamental level and that's a key pitch the republicans have been making. that issue does resonate with people at their kitchen table. >> all right. great conversation. thank you, guys. >> i got one question. one question for you, don. one question. >> yes. >> we're both in ohio. it is all cold. how come you look like you're on gq and i look like the michelin man. >> you should be asking yourself that question, ali velshi. >> thank you, ali. thank you john avalon. appreciate it. now to some serious news here. a new storm is threatening to make recovery efforts worse in the northeast. our meteorologist chad myers is here to tell us how bad it could be. chad, we're hearing of freezing temperatures, what is going on here? >> freezing temperatures are really the problem. and then there is another storm, a coastal low. sometimes you can call them nor'easters, but this one doesn't qualify as a nor'eas
. >> we hear a lot of swing voters talking about the deficit and the debt. concerned about the economy, the jobs. but that's not abstract. they understand that on a fundamental level and that's a key pitch the republicans have been making. that issue does resonate with people at their kitchen table. >> all right. great conversation. thank you, guys. >> i got one question. one question for you, don. one question. >> yes. >> we're both in ohio. it is all cold. how...
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national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america forward. i'm barack obama and i approve this message. the wheels of progress haven't been very active lately. but because of business people like you, things are beginning to get rolling. and regions is here to help. making it easier with the expertise and service to keep those wheels turning. from business loans to cash management, we want to be your partner moving forward. so switch to regions. and let's get going. together. >>> just across the hudson river, hoboken, new jersey is nearly at a breaking point. nearly 20,000 people could be trapped in their homes tonight. at one point, three quarters
national priority; building on our manufacturing boom; boosting american-made energy; reducing the deficits responsibly by cutting where... we can, and asking the wealthy to pay a little more. and ending the war in afghanistan, so we can... do some nation-building here at home. that's the right path. so read my plan, compare it to governor romney's... and decide which is better for you. it's an honor to be your president... and i'm asking for your vote... so together, we can keep moving america...
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governor romney touting what his final arguments say, pointing out the growing deficit and the economy problems under the obama administration. so those are the final messages that they're targeting toward those undecided voters, but for the 47% who have made up their mind, it's all about getting them to the polls right now. and in the last 48 hours of the campaign, you're going to see -- governor romney getting his last campaign appearance right here in new hampshire on monday nighnigh night. even though there's only four electoral states, there's a couple of scenarios when those four votes could come in handy. >> david mattingly, stay warm there in new hampshire. >>> the outcome of tuesday's election will have an impact on wall street as well as main street. in a minute we'll find out what impact. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. we don't let frequent heartburn come betwe
governor romney touting what his final arguments say, pointing out the growing deficit and the economy problems under the obama administration. so those are the final messages that they're targeting toward those undecided voters, but for the 47% who have made up their mind, it's all about getting them to the polls right now. and in the last 48 hours of the campaign, you're going to see -- governor romney getting his last campaign appearance right here in new hampshire on monday nighnigh night....
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we have a work deficit. we have got to fix that. and i will do everything i can to ensure that quality education is what we are all about as a state and the country. >> senator hatch. >> i think quality important -- at a quality education is very important. now i am a strong supporter of student loans. no question about it. the fact of the matter is, democrats want to keep spending. and then the demand taxes so they can pay for it. the fact is that we support government. i do not know who would not support them. our education system in utah is -- is a good education system. we have to get things under control. the only way to do that seems to me is to get enough of us who are fiscal conservatives back there so that weekend. like they say the first balanced budget and over four years occurred mainly because of a first republican congress. and i will get to the point to. >> your swung around and did it. >> every bottle on this? >> i would just like to say something really quick. my opponent voted for the largest bailout in history of
we have a work deficit. we have got to fix that. and i will do everything i can to ensure that quality education is what we are all about as a state and the country. >> senator hatch. >> i think quality important -- at a quality education is very important. now i am a strong supporter of student loans. no question about it. the fact of the matter is, democrats want to keep spending. and then the demand taxes so they can pay for it. the fact is that we support government. i do not...
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when they say we're in business to make a profit not to go into deficit. this is an illusion. likewise to remade and control private companies can deal with it more effectively or will. when the government see they have no choice but to revert to state centric planning and decisions in terms of their economy. it will dissuade investment and the private sector and a negative repercussions. we have been there before. but i can see it over the horizon coming for a second coming. i would love to be proven wrong. but it would hundred 30,000 villages of under 200 people. if you live in a mountainous village you have no school or electrical system. no functioning water system. you don't have a paved road the individuals will find meaningful employment are absent humiliation. the problems are enormous and challenges events. solutions are evasive and don't kidder selves what this implies is for our relationship ago we can help more than hurt. >> with regard to three platitudes our policies toward norms that the representative said we've tried to protect, rule of law, accountability and
when they say we're in business to make a profit not to go into deficit. this is an illusion. likewise to remade and control private companies can deal with it more effectively or will. when the government see they have no choice but to revert to state centric planning and decisions in terms of their economy. it will dissuade investment and the private sector and a negative repercussions. we have been there before. but i can see it over the horizon coming for a second coming. i would love to be...
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Nov 4, 2012
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and greece, but we have been, for a long, long time, we have been very, very worried about the deficit, about the buildup of debt in america. to compare it to greece is quite an extraordinary one. if you go to greece, you wander around athens, you have the threat of ethnic violence. i think all presidential candidates are allowed a degree of hyperbole, but i think on that particular question he's got a long way. >> other nations are looking forward to this election because they're thinking about the trade opportunities, they're looking at the promotion of peace, they're looking for opportunities of diplomacy. but is there more at stake in this election, 2012, that we didn't see in 2008? >> i think there probably is from a realistic stand. one one, it's very close. two, with romney we don't know exactly what sort of foreign policy he would follow. the romney of the most recent debates was saying very different things than what was being said before. if you want one example of things that could flub up from day one, romney has said if he becomes president, he would declare china a curren
and greece, but we have been, for a long, long time, we have been very, very worried about the deficit, about the buildup of debt in america. to compare it to greece is quite an extraordinary one. if you go to greece, you wander around athens, you have the threat of ethnic violence. i think all presidential candidates are allowed a degree of hyperbole, but i think on that particular question he's got a long way. >> other nations are looking forward to this election because they're...
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Nov 4, 2012
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if you do the average, that deficit becomes a one. advantage for mitt romney, or half of a point advantage. that is where there is a little bit of concern on the average between the poles in the states. i would think it should be more like the olympics. as opposed to these out liars. guest host some say that this shows too high of a democratic sample. -- guest: some say that this shows too high of a democratic sample. that we should not wait on partisan ship unless there is an absolute example of what is correct for people that fit your polling can tell you what the partisanship should be. i think that 5 is a little bit high, i think the polls are telling us something. host: prediction time for you, andrew. what will the president get? what will mitt romney get? guest of the president wins with 54% of people -- of the popular vote. guest: i have mitt romney winning by 2% in the popular vote, 291 electoral votes in ohio and wisconsin. host: pennsylvania goes to? guest: democrats. host: good morning. caller: good morning. i am calling t
if you do the average, that deficit becomes a one. advantage for mitt romney, or half of a point advantage. that is where there is a little bit of concern on the average between the poles in the states. i would think it should be more like the olympics. as opposed to these out liars. guest host some say that this shows too high of a democratic sample. -- guest: some say that this shows too high of a democratic sample. that we should not wait on partisan ship unless there is an absolute example...